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Stellantis to offer buyouts amid electric vehicle transition
Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
JC Hart plans 313-unit apartment project in busy north-side area
Called Allison Pointe, the project is designated for a 10.5-acre undeveloped parcel in a small commercial park along Allison Lake, a manmade body of water between 82nd Street and I-465.
Marion County set to receive extra $8 million in annual road funding
| Peter Blanchard and Taylor Wooten
Debate over the bill has served as a flashpoint in the ongoing fight between city and state leaders over Indiana’s road-funding formula, which allocates gas-tax funds and other revenue by center-line miles rather than by vehicle miles traveled.
Purdue University improves to top 5 in rankings for U.S. patents
The ranking comes less than a week after the university unveiled its Purdue Innovates initiative, designed to streamline access and support for commercialization of intellectual property developed by faculty, students and alumni, as well as startup creation.
DeJoy: U.S. Postal Service plans to keep raising prices
Postmaster General Louis DeJoy says his plan to dramatically increase postage rates could spell trouble for some businesses relying on mailing and shipping costs that have been kept low at the expense of the Postal Service’s financial stability.
South Korean company plans $102M recycling plant in Kokomo for EV industry
Jaewon Industrial plans to build a chemical recycling plant in Kokomo to serve the lithium-ion battery and electrical vehicle industry, creating 100 jobs by the end of 2024.
Q&A with Gregory Hill, new Indianapolis Public Library CEO
Hill, who has been with the library system for over a decade, says he’s hopeful that the system can move forward despite continued calls for the board of trustees to appoint former interim CEO Nichelle Hayes as chief executive.
Newly approved adult charter high school hopes to open in closing IPS building
A seventh Excel Center adult charter high school has the green light to open in Indianapolis, and it’s hoping to open in a school that Indianapolis Public Schools will close at the end of this school year.
Honda outlines ambitious global strategy for electric cars
Honda is gearing up for an electrification shift in North America with two models developed with General Motors going on sale next year and a bigger EV with a new platform in 2025, a year earlier than initially announced.
Teacher discussions could be limited under Indiana bill
Indiana Republican state Senators signaled their final approval Tuesday of a bill that would remove the requirement for administrators to discuss some topics with a teachers union representative.
Butler University extends Danko’s contract by three years
James Danko has led a significant transformation of the Butler campus, including nearly $500 million in capital improvement projects to upgrade academic, research, residential, performance and athletic spaces.
U.S. officials seek to crack down on harmful AI products
FTC Chair Lina Khan joined top officials from U.S. civil rights and consumer protection agencies to put businesses on notice that regulators are working to track and stop illegal behavior in the use and development of artificial intelligence.
Shabazz proposes infrastructure TIFs, government-efficiency task force
Republican Indianapolis mayoral candidate Abdul-Hakim Shabazz released plans regarding infrastructure and government efficiency Tuesday.
Bills involving doctor non-competes, unlawful tracking head to governor
Lawmakers sent several bills to Indiana Gov. Eric Holcomb’s desk on Monday following chamber actions on concurrence votes and conference committees.
GM, Samsung plan new EV battery cell factory in U.S.
The companies said they plan to invest more than $3 billion in an electric vehicle battery cell plant that is expected to begin operations in 2026.
Affordable housing firm T&H building $36M project on former Central State campus
The Plaza at Central Greens project will comprise five buildings, including three apartment structures with 117 units, an amenity center and a retail building.
Consumer confidence dips to lowest level since July as outlook dims
The figures suggest consumers are turning sour on the economy amid expectations that the labor market will soon begin to soften.
NFL attempting balancing act when it comes to legalized gambling
Some say the NFL is hypocritical for suspending players for gambling after embracing legalized wagering as a major source of revenue. Others see it as necessary for the league to maintain public confidence that its games are on the up and up.
